ZIP CODE 98682 // PORTLAND-VANCOUVER-HILLSBORO, OR-WA // DATA AS OF 2026-09-30
Vancouver, WA (98682) Rental Property Cap Rate & Cash Flow Report
Located in Clark County (Vancouver, WA), Zip Code 98682 ranks #388 of 500 within this selected sample (23th percentile) with a Zillow ZHVI typical home-value index of $491,615 (-0.2% YoY) and a ZORI observed market rent of $1,698/mo (+1.4% YoY). Requires at least 69.6% down payment at 6.5% interest to reach $0/mo break-even cash flow. This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
-$1,541/mo
Annual: -$18,494/yr
Modeled Cap Rate
2.31%
NOI: $11,336/yr
Cash-on-Cash Return
-16.36%
Cash Needed: $113,071
1% Rule Ratio
0.35%
Gross Yield: 4.14%
Break-Even Rent
$3,469/mo
State Tax: 0.80%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 98682 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (WA Avg 0.80%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$2,486/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$753/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (98682)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2021 | $444,385 | $1,508/mo | 4.07% |
| 2022 | $491,373 | $1,676/mo | 4.09% |
| 2023 | $492,066 | $1,613/mo | 3.93% |
| 2024 | $499,329 | $1,634/mo | 3.93% |
| 2025 | $492,546 | $1,675/mo | 4.08% |
| 2026 | $491,615 | $1,698/mo | 4.14% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 98012 Bothell, WA | $928,453 | $2,609/mo | 1.63% | -$3,431/mo |
| 99301 Pasco, WA | $416,411 | $1,707/mo | 2.98% | -$1,072/mo |
| 98208 Everett, WA | $728,590 | $2,000/mo | 1.57% | -$2,733/mo |
| 98052 Redmond, WA | $1,255,271 | $2,563/mo | 0.83% | -$5,477/mo |
| 92805 Anaheim, CA | $851,242 | $2,864/mo | 2.30% | -$2,671/mo |
| 91342 Los Angeles, CA | $788,086 | $2,657/mo | 2.31% | -$2,468/mo |